Sustainable poverty reduction and ensuring social security is a major, important and consistent policy of the Party and State, which has been implemented throughout the country’s renewal process and national construction and development.
Illustrative photo (Source: baoquocte.vn)
This is an important socialist orientation of Vietnamese society under the leadership of the Party in order to ensure human rights.
Overcoming many difficulties, sustainable poverty reduction in Vietnam in recent years has achieved many impressive results, becoming one of the models of achievements in hunger eradication and poverty reduction, a success story inspiring developing countries.
In the period 2016-2020, Vietnam's poverty reduction results have made outstanding achievements, reflected in many factors.
The poverty reduction results achieved and exceeded the targets assigned by the National Assembly and the Government. Specifically, the poverty rate of 9.88% in 2015 decreased to 2.75% in 2020; the rate of poor households among ethnic minorities decreased by an average of 4% per year; and the rate of poor households in poor districts decreased by an average of 5.4% per year.
Poverty reduction programs, mechanisms, policies and laws have been promulgated by the Government quite synchronously to comprehensively support the poor, with specific poverty reduction policies, with priority given to the ethnic minority areas, and areas with special difficulties.
The National Assembly and Government are very interested in allocating resources from the state budget and mobilizing the resources of the whole society to implement the poverty reduction program, with total resources having been VND120 trillion.
In particular, the application of the poverty line has been implemented in a multi-dimensional and methodical manner in Vietnam. Vietnam has 8 times promulgated the national poverty line according to the poverty reduction pyramid model, meeting the needs of the poor, suitable to the country's socio-economic conditions in each period. As a result, Vietnam is one of the first 30 countries in the world and one of the first countries in Asia to apply a multidimensional poverty line, ensuring a minimum standard of living associated with the Sustainable Development Goals (SDG) of the United Nations.
As a result, people's incomes and material and spiritual lives have been improved, especially people living in poor areas and areas with special difficulties. The poor’s income has more than doubled in the past 5 years. More than 13,000 projects have supported production development, livelihood diversification and effective poverty reduction model replication with over 2.2 million beneficiaries; 5,500 laborers from poor households, near-poor households and ethnic minority households have been supported to work abroad.
Thanks to appropriate programs, mechanisms and policies, essential socio-economic infrastructure, regional links are prioritized for investment, changing the face of poor and extremely difficult areas.
Resident Representative of the United Nations Development Program (UNDP) in Vietnam Caitlin Wiesen also said that Vietnam's poverty reduction achievements are impressive and internationally recognized./.
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Poverty in Vietnam has been on a steady decline since 2010.
Officials saw this decline in poverty as an opportunity to implement more poverty reduction efforts by taking multidimensional measures that tackle the main sources of poverty.
One aspect of the Sustainable Poverty Reduction in Vietnam is vocational education and training (VET). This project is also known as “Renewal and Development of Vocational Training System by 2020.”
Sustainable Poverty Reduction in Vietnam also includes other forms of education.
The government of Vietnam is dedicated to further expanding universal health care and ensuring poor and near-poor households have access to high-quality treatment and medicine.
The poverty reduction in Vietnam is also attracting other nations to open up their markets to Vietnam.
Vietnam is earning its place in the world stage as it begins to globalize its economy and develop trade relations. These relations are with major global players such as the country of China.
The globalization of Vietnam’s economy may further expand job opportunities and continue to improve the standard of living.
Vietnam’s innovative approach proves a success story.
Poverty reduction in Vietnam continues as the country takes great measures and strides toward becoming a developed nation.
Under the leadership of the Party and the Government, localities nationwide have implemented solutions and programmes to help local people develop suitable livelihood models to escape poverty and improve their lives.
Việt Nam attained the UN’s Millennium Development Goals on poverty reduction 10 years ahead of schedule and was hailed as a global model in the task.
Despite the impressive results, there are limitations that need to be tackled in poverty reduction.
The poverty rate among ethnic minority groups is still high.
Việt Nam has gained impressive achievements in poverty reduction in recent years under the leadership of the Party and the Government, but more will be done to ensure these efforts leave sustainable impacts.
The Party and State have identified sustainable poverty reduction and ensuring social security as an important goal in the development process, which is clearly shown in the documents of the Party, the resolutions of the National Assembly, and strategies, plans, schemes and programmes of the Government.
All 63 provinces and cities of Việt Nam have also released several policies regarding poverty reduction to support poor households.
What is more, Việt Nam attained the UN's Millennium Development Goals on poverty reduction 10 years ahead of schedule and was hailed as a global model in the task.
The national multidimensional poverty line in 2021-2025 will also serve as the basis for making policies, mechanisms and solutions to achieve multidimensional, inclusive and sustainable poverty reduction.
However some mechanisms and policies for poor areas, mountainous areas, and ethnic minority areas are ineffective.
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